KCS GAD Risk Map Brief: New Caledonia July 2022

New Caledonia

New Caledonia is estimated to contain a quarter of the world’s known nickel reserves: simultaneously a great opportunity for the islands, and a ‘red flag’ for exploitation and corruption. These are encapsulated in the Goro nickel mine, opened in 2010 under the auspices of Brazilian mining firm Vale and mired in environmental and safety concerns ever since. There was also consternation from the local New Caledonian communities, known as Kanaks, that they had little…
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